Deal of the Day – Dallas Fort-Worth Metro

5741 Fursman Avenue, Fort Worth, Texas 76114

November 10, 2020

MLS No.14465751

Hello, everyone! Welcome to Real Estate IQ’s Deal of the Day Dallas Fort Worth Metro!

Our subject property is located at 5741 Fursman Avenue, Fort Worth 76114. The list price for this property is $169,000, with an estimated price of $241,870. The list price per square foot is at $90.28, and its estimated price per square foot is valued at $129.20.

 This property with MLS No.1446751 is a single detached two-story residential unit built in 1952 with a square foot of 1800. It has three beds, one bathroom and two-car garage. Our subject property is located in the desirable Westover Acres neighborhood and within proximity to schools.

 For the comparables, we selected the two best properties that are also located in the same subdivision. The first property is a single residential bungalow house built in 1957 with a square foot of 1600 and has three beds and two bathrooms. Its list price is at $250,000 and was sold at $240,000.

 The second comparable, also a single-residential bungalow, was built in 1954 and has three beds and two baths, as well. This 1700 square foot property has a list price of $219,000 and it was sold at $201,000.

 For the investment summary, the subject property is listed at $169,000 with a 30.13% discount from its estimated price of $241,870. It has a good rental index of 1.2 and has an estimated monthly lease of $2,044.  Dubbed as an “Investor Special”, this home has “great bones” but needs work.  It is perfect for as an investment for fix and flip, buy and hold or even wholesaling.

 That’s all for our Deal of the Day. Thank you for tuning in and have a great deal-finding day! 

Connect with the right people who can help you expand your network and grow your business. Join the REIQ community and stay connected.